In 2003 Chelsea football club was bought by Russian billionaire Roman Abramovich in a deal worth £140m ($233m).
The Russian businessman pledged to plough even more resources into the club while Mr Bates said the deal would move Chelsea onto the "next level".
"We are delighted to agree this deal to acquire what is already one of the top clubs in Europe," Mr Abramovich said.
"We have the resources and ambition to achieve even more given the huge potential of this great club."
By the 15th May 2015 it was declared that Abramovic had spent over £1 Billion on Chelsea football club. In return was 3 league titles, 3 FA Cups, 3 League Cups, Europa and the biggest prize of them all the Champions league.
The Russian businessman pledged to plough even more resources into the club while Mr Bates said the deal would move Chelsea onto the "next level".
"We are delighted to agree this deal to acquire what is already one of the top clubs in Europe," Mr Abramovich said.
"We have the resources and ambition to achieve even more given the huge potential of this great club."
By the 15th May 2015 it was declared that Abramovic had spent over £1 Billion on Chelsea football club. In return was 3 league titles, 3 FA Cups, 3 League Cups, Europa and the biggest prize of them all the Champions league.
Sheikh Mansour turned English football on its head with his sensational takeover of Manchester City in 2008.
City immediately signed Brazilian superstar Robinho for £32.5m from Real Madrid and pushed Manchester United all the way for Dimitar Berbatov that same summer.
One superstar after another made their way to the Etihad as City’s financial muscle saw them shake up the transfer market. World class stars like Yaya Toure, David Silva and Sergio Aguero were recruited, along with a marquee manager in Roberto Mancini.
The Italian ended their 35-year wait for a major trophy - winning the FA Cup in 2011.
Their first Premier League title followed a year later - but amid talk of behind the scenes rows, Mancini was shown the door after failing to defend the trophy.
In came Manuel Pellegrini and the former Real boss made an immediate impact winning the title and the Capital One Cup in his first season in charge in 2013-14.
Sterling and De Bruyne soon joined for a combined fee of £99m
City immediately signed Brazilian superstar Robinho for £32.5m from Real Madrid and pushed Manchester United all the way for Dimitar Berbatov that same summer.
One superstar after another made their way to the Etihad as City’s financial muscle saw them shake up the transfer market. World class stars like Yaya Toure, David Silva and Sergio Aguero were recruited, along with a marquee manager in Roberto Mancini.
The Italian ended their 35-year wait for a major trophy - winning the FA Cup in 2011.
Their first Premier League title followed a year later - but amid talk of behind the scenes rows, Mancini was shown the door after failing to defend the trophy.
In came Manuel Pellegrini and the former Real boss made an immediate impact winning the title and the Capital One Cup in his first season in charge in 2013-14.
Sterling and De Bruyne soon joined for a combined fee of £99m
Could the same cash injection and club reputation have the same impact on any club?
For this experiment I have placed Dover in the Premier League. Given them 10000 in reputation and a £1b bank balance.
Will they spend as much as they can in order to become an established Premier League club or even challenge for the title?
Will they spend as much as they can in order to become an established Premier League club or even challenge for the title?